Published on: April 9, 2013
Six Hats – Several Rabbits
Greatland Gold is an exciting, yet prudently-managed, gold explorer. The group has already shown its ability to target and explore quality resources with encouraging results; the “rabbits out of the hat” so far include two potentially valuable farm-in agreements, with two other projects showing promising earlystage drill results. One of these, Ernest Giles, in our view has been overlooked by the market. Any change in investors’ understanding of the Ernest Giles opportunity could result in a potentially material re-rating of the stock.